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Apr 27, 2014 11:00pm EDT
day of losses across the region. three main themes today. we have tensions in ukraine and russia getting the best of risk appetite. they are keeping money in safe haven assets like the yen and gold. to president obama's trip the region. he wraps things up. disappointingre for the chinese corporate with the exception of the banks ironically. i will be back with more details. concerns for china's top banks managing to boost a profit. look at the details. what have we got behind this? >> we have double-digit profit increases in the first quarter. the biggest profit increase in the year. these banks are reporting wider at lending margins in the quarter. this is curious given there is so much exposure on bad loans, the fact that bad debts are rising. they are setting aside more money to deal with it. china construction bank is up 10%. at atock is trading lower moment in hong kong. lower ins are trending general today. the agricultural bank of china also out with results. it is benefiting permits largely rural customer base buffeting asset quality. oft actually match tank china, which
Search Results 0 to 0 of about 1